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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Mastercard Selects New President For European Operations

PYMNTS

Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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The Printed Holiday Toy Catalog Makes A Surprising Return

PYMNTS

which had the innovative idea in 1848 that people might want a way to purchase mail-order jewelry. He was the first in a long time of innovators who realized that taking out the middleman and selling direct to consumer (D2C) allowed him to undercut stores on price. million, the brand’s biggest quarterly sales since 2003.

Retail 171
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Krispy Kreme Close To Acquiring Insomnia Cookies

PYMNTS

Founded in 2003 by a University of Pennsylvania student, Insomnia Cookies’ stores stay open and deliver until 3:00 a.m. It has nearly 1,400 retail shops in 32 countries. JAB also owns Keurig , Dr Pepper , Peet’s Coffee and Panera Bread. The program is supposedly compatible with iOS and Android devices.

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The Evolution Of eBay’s Global Payments Strategy

PYMNTS

Many businesses today see selling products in new markets as a growth opportunity. Expanding into a new market — even one as geographically close as Mexico, for example — would present a number of logistical hurdles that many businesses may not be equipped to handle. Appealing to a wider array of customers within the U.S.

Strategy 230
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COVID-19 And The Medical Commerce Boom

PYMNTS

As of last week — which saw the S&P 500 lose over $1 trillion in a day and the stock market across the board suffer its worst week since the dawn of the Great Recession in 2008 — concern is emerging that COVID-19 might just tip off a worldwide recession.

Apple 130
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Why Technology Is Actually Helping Cash Thrive

PYMNTS

market, they are still far from replacing cash. relies more on cash than on any other form of payment, according to the analysis, with cash usage remaining relatively steady since 2003, ranging between 14.3 And cash’s popularity isn’t limited just to retail purchases. percent and 15.5 percent of the gross domestic product.